Home > Mercantile Bank, FSB > Assets and Liabilities
Mercantile Bank, FSB, Assets and Liabilities
| 1996-12-31 | Rank | |
| # of Employees: | 115 | 1,629 |
| Assets and Liabilities | ||
| Total Assets: | $408,074,000 | 1,194 |
| Cash and due from depository institutions | $5,620,000 | 1,629 |
| Interest-bearing balances | $1,903,000 | 1,703 |
| Securities | $59,382,000 | 2,040 |
| Federal funds sold & reverse repurchase agreements | $3,400,000 | 3,519 |
| Net loans & leases | $317,558,000 | 982 |
| Loan loss allowance | $4,974,000 | 881 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $4,118,000 | 1,922 |
| Other real estate owned | $233,000 | 1,629 |
| Goodwill and other intangibles | $1,512,000 | 1,067 |
| All other assets | $16,251,000 | 634 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $408,070,000 | 1,194 |
| Total liabilities | $369,835,000 | 1,197 |
| Total deposits | $251,716,000 | 1,528 |
| Interest-bearing deposits | $242,318,000 | 1,391 |
| Deposits held in domestic offices | $251,716,000 | 1,517 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,907 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $109,000,000 | 363 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $9,119,000 | 654 |
| Total equity capital | $38,235,000 | 1,189 |
| Total bank equity capital | $38,235,000 | 1,189 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $21,000 | 10,014 |
| Surplus | $37,459,000 | 551 |
| Undivided profits | $755,000 | 9,325 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $901,000 | 2,901 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,832 |
| Income earned, not collected on loans | $1,964,000 | 1,112 |
| Earning assets | $382,243,000 | 1,168 |
| Long-term assets (5+ years) | $0 | 9,965 |
| Average Assets, year-to-date | $398,262,600 | 1,169 |
| Average Assets, quarterly | $402,538,000 | 1,191 |
| Volatile liabilities | $120,976,000 | 770 |
| Insider loans | $557,000 | 5,238 |
| FHLB advances | $6,000,000 | 529 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $42,219,000 | 1,206 |
| Tier 1 (core) risk-based capital | $37,715,000 | 1,141 |
| Tier 2 risk-based capital | $2,646,000 | 1,217 |
| Total risk weighted assets | $209,394,000 | 1,369 |
| Total unused commitments | $42,219,000 | 1,211 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 115 | 1,662 |
| Assets and Liabilities | ||
| Total Assets: | $417,868,000 | 1,172 |
| Cash and due from depository institutions | $6,668,000 | 1,662 |
| Interest-bearing balances | $510,000 | 3,241 |
| Securities | $74,830,000 | 1,696 |
| Federal funds sold & reverse repurchase agreements | $0 | 9,298 |
| Net loans & leases | $317,082,000 | 954 |
| Loan loss allowance | $6,298,000 | 773 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $4,246,000 | 1,803 |
| Other real estate owned | $156,000 | 1,662 |
| Goodwill and other intangibles | $1,481,000 | 989 |
| All other assets | $13,405,000 | 750 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $417,868,000 | 1,172 |
| Total liabilities | $383,397,000 | 1,158 |
| Total deposits | $283,312,000 | 1,390 |
| Interest-bearing deposits | $276,151,000 | 1,238 |
| Deposits held in domestic offices | $283,312,000 | 1,377 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,736 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $89,800,000 | 406 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $10,285,000 | 653 |
| Total equity capital | $34,471,000 | 1,320 |
| Total bank equity capital | $34,471,000 | 1,320 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $21,000 | 10,481 |
| Surplus | $31,679,000 | 636 |
| Undivided profits | $2,771,000 | 6,447 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $819,000 | 3,059 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,782 |
| Income earned, not collected on loans | $1,794,000 | 1,247 |
| Earning assets | $392,422,000 | 1,145 |
| Long-term assets (5+ years) | $0 | 10,367 |
| Average Assets, year-to-date | $423,515,600 | 1,129 |
| Average Assets, quarterly | $411,765,000 | 1,173 |
| Volatile liabilities | $103,752,000 | 808 |
| Insider loans | $505,000 | 5,629 |
| FHLB advances | $41,100,000 | 206 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $10,450,000 | 3,178 |
| Tier 1 (core) risk-based capital | $33,624,000 | 1,286 |
| Tier 2 risk-based capital | $2,895,000 | 1,165 |
| Total risk weighted assets | $228,291,000 | 1,270 |
| Total unused commitments | $10,450,000 | 3,193 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 117 | 1,706 |
| Assets and Liabilities | ||
| Total Assets: | $439,235,000 | 1,089 |
| Cash and due from depository institutions | $5,339,000 | 1,706 |
| Interest-bearing balances | $805,000 | 2,684 |
| Securities | $169,027,000 | 794 |
| Federal funds sold & reverse repurchase agreements | $0 | 8,397 |
| Net loans & leases | $247,991,000 | 1,154 |
| Loan loss allowance | $1,956,000 | 2,005 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $3,957,000 | 1,893 |
| Other real estate owned | $156,000 | 1,706 |
| Goodwill and other intangibles | $97,000 | 2,278 |
| All other assets | $12,668,000 | 830 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $439,235,000 | 1,089 |
| Total liabilities | $400,005,000 | 1,086 |
| Total deposits | $284,489,000 | 1,342 |
| Interest-bearing deposits | $276,929,000 | 1,180 |
| Deposits held in domestic offices | $284,489,000 | 1,334 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 4,788 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $110,900,000 | 360 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $4,616,000 | 964 |
| Total equity capital | $39,230,000 | 1,057 |
| Total bank equity capital | $39,230,000 | 1,057 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $21,000 | 11,056 |
| Surplus | $10,912,000 | 1,420 |
| Undivided profits | $28,297,000 | 825 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,014,000 | 1,166 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,752 |
| Income earned, not collected on loans | $1,347,000 | 1,449 |
| Earning assets | $417,823,000 | 1,048 |
| Long-term assets (5+ years) | $0 | 10,888 |
| Average Assets, year-to-date | $397,355,600 | 1,165 |
| Average Assets, quarterly | $433,771,500 | 1,089 |
| Volatile liabilities | $136,155,000 | 679 |
| Insider loans | $778,000 | 4,369 |
| FHLB advances | $110,900,000 | 116 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $19,821,000 | 1,935 |
| Tier 1 (core) risk-based capital | $38,978,000 | 1,056 |
| Tier 2 risk-based capital | $1,792,000 | 1,745 |
| Total risk weighted assets | $196,675,000 | 1,414 |
| Total unused commitments | $19,821,000 | 1,947 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 119 | 1,760 |
| Assets and Liabilities | ||
| Total Assets: | $329,990,000 | 1,426 |
| Cash and due from depository institutions | $3,741,000 | 1,760 |
| Interest-bearing balances | $392,000 | 4,729 |
| Securities | $105,007,000 | 1,317 |
| Federal funds sold & reverse repurchase agreements | $1,000,000 | 7,708 |
| Net loans & leases | $209,136,000 | 1,330 |
| Loan loss allowance | $1,807,000 | 2,242 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $4,414,000 | 1,649 |
| Other real estate owned | $41,000 | 1,760 |
| Goodwill and other intangibles | $11,000 | 2,857 |
| All other assets | $6,640,000 | 1,271 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $329,990,000 | 1,426 |
| Total liabilities | $286,191,000 | 1,505 |
| Total deposits | $263,867,000 | 1,510 |
| Interest-bearing deposits | $255,444,000 | 1,348 |
| Deposits held in domestic offices | $263,867,000 | 1,498 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $18,596,000 | 808 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $3,728,000 | 1,161 |
| Total equity capital | $43,799,000 | 957 |
| Total bank equity capital | $43,799,000 | 957 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $21,000 | 11,597 |
| Surplus | $10,912,000 | 1,350 |
| Undivided profits | $32,866,000 | 690 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,285,000 | 1,324 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1,950 |
| Income earned, not collected on loans | $973,000 | 1,790 |
| Earning assets | $315,535,000 | 1,367 |
| Long-term assets (5+ years) | $0 | 11,403 |
| Average Assets, year-to-date | $331,360,800 | 1,395 |
| Average Assets, quarterly | $331,028,500 | 1,426 |
| Volatile liabilities | $40,177,000 | 1,415 |
| Insider loans | $839,000 | 4,212 |
| FHLB advances | $18,500,000 | 317 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $8,339,000 | 3,510 |
| Tier 1 (core) risk-based capital | $43,418,000 | 932 |
| Tier 2 risk-based capital | $1,595,000 | 1,927 |
| Total risk weighted assets | $158,458,000 | 1,730 |
| Total unused commitments | $10,353,000 | 3,047 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 101 | 2,128 |
| Assets and Liabilities | ||
| Total Assets: | $329,231,000 | 1,497 |
| Cash and due from depository institutions | $19,878,000 | 2,128 |
| Interest-bearing balances | $17,395,000 | 452 |
| Securities | $64,519,000 | 2,096 |
| Federal funds sold & reverse repurchase agreements | $1,000,000 | 8,669 |
| Net loans & leases | $233,325,000 | 1,234 |
| Loan loss allowance | $1,363,000 | 2,907 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $4,227,000 | 1,738 |
| Other real estate owned | $126,000 | 2,128 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $6,156,000 | 1,402 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $329,231,000 | 1,497 |
| Total liabilities | $287,731,000 | 1,558 |
| Total deposits | $274,948,000 | 1,529 |
| Interest-bearing deposits | $267,834,000 | 1,368 |
| Deposits held in domestic offices | $274,948,000 | 1,516 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $9,000,000 | 1,008 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $3,783,000 | 1,155 |
| Total equity capital | $41,500,000 | 948 |
| Total bank equity capital | $41,500,000 | 948 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $21,000 | 12,139 |
| Surplus | $10,912,000 | 1,322 |
| Undivided profits | $30,567,000 | 688 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $420,000 | 6,183 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $1,182,000 | 1,636 |
| Earning assets | $316,239,000 | 1,427 |
| Long-term assets (5+ years) | $0 | 11,806 |
| Average Assets, year-to-date | $335,233,000 | 1,446 |
| Average Assets, quarterly | $332,892,500 | 1,466 |
| Volatile liabilities | $28,536,000 | 1,780 |
| Insider loans | $0 | 9,493 |
| FHLB advances | $9,000,000 | 404 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $7,118,000 | 3,695 |
| Tier 1 (core) risk-based capital | $41,349,000 | 924 |
| Tier 2 risk-based capital | $1,146,000 | 2,582 |
| Total risk weighted assets | $158,824,000 | 1,784 |
| Total unused commitments | $7,118,000 | 3,715 |
| Derivatives | $0 | 651 |